The global aerospace industry imports in million US dollars show a diverse spread across countries with the United States leading at $32.59M, followed by Singapore with $22.31M and Ireland at $15.97M. The year-on-year variations indicate significant growth for some nations, such as Luxembourg (+22.75%) and Singapore (+12.41%), while others like Russia (-1.66%) and Switzerland (-1%) saw declines. Over the past two years, there have been notable increases for Belgium (+6.55%), Finland (+9.9%), and Poland (+5.39%), whereas the Czech Republic and Iceland experienced significant drops at -9.89% and -8.77% respectively. For a longer-term view, future trends to watch are increases in technological innovations and geopolitical impacts on import patterns.
Future trends to watch for include:
- Impacts of international trade policies and tariffs on aerospace imports.
- Technological advancements and their effect on supply chains and import needs.
- Increasing contributions from emerging markets and developing countries in the aerospace sector.
Top countries in Aerospace Industry Imports Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 32.59 | 2023 | +8.08% | +3.26% | View data |
| 2 | 2 Singapore | 22.31 | 2023 | +20.32% | +12.41% | View data |
| 3 | 3 Ireland | 15.97 | 2023 | +15.82% | +5.22% | View data |
| 4 | 4 Canada | 7.29 | 2023 | +9.09% | +2.64% | View data |
| 5 | 5 Netherlands | 3.25 | 2023 | +13.77% | +5.33% | View data |
| 6 | 6 Russia | 2.92 | 2023 | +27.48% | -1.66% | View data |
| 7 | 7 South Korea | 2.35 | 2023 | +8.93% | +3.16% | View data |
| 8 | 8 Italy | 1.88 | 2023 | +1.3% | +2.35% | View data |
| 9 | 9 Switzerland | 1.78 | 2023 | +6.22% | -1% | View data |
| 10 | 10 Poland | 1.75 | 2023 | +10.26% | +5.39% | View data |
